L&T Finance Collection Associate Salaries by 4 Employees (Updated 2025)

3 - 11 years exp.

₹1.9 Lakh - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Collection Associate Salary in NBFC Companies for 3 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collection Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
Finance & Accounting Collection Associate Salary 11 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Sales & Business Development Collection Associate Salary 5 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2 L/yr
Construction & Site Engineering Collection Associate Salary 3 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 30 Nov 2024

Companies similar to L&T Finance for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Associate Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.8 L/yr 5% less
ICICI Bank Collection Associate Salary 1 - 9 years exp. (4 salaries)	₹2.1 L/yr - ₹5.4 L/yr 49% more
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Kotak Mahindra Bank Collection Associate Salary 1 - 8 years exp. (22 salaries)	₹2.3 L/yr - ₹3.6 L/yr At par
Tata Capital Collection Associate Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹4 L/yr 18% more
Mahindra Finance Collection Associate Salary 0 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 4% less
Aditya Birla Capital Collection Associate Salary 4 - 9 years exp. (8 salaries)	₹3.3 L/yr - ₹3.8 L/yr 26% more
Shriram Finance Collection Associate Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 17% more
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (335 salaries)	₹1.7 L/yr - ₹4.7 L/yr 14% more	5 job openings
IIFL Finance Collection Associate Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 20% more
PNB Housing Finance Collection Associate Salary 4 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 18% more
TVS Credit Collection Associate Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 31% less
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Mahindra Rural Housing Finance Collection Associate Salary 2 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 25% less

Collection Associate salary at L&T Finance ranges between ₹1.9 Lakh to ₹4.8 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Collection Associate salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

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Salary related reviews for L&T Finance

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Salary - Good

+1 more

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Job security - Bad

+4 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

Collection Officer in Jabalpur

Full Time

Finance & Accounting Department

4.0

• posted on 05 Mar 2023

1.0

for Salary and Benefits

Likes

L and me Collection officer ki job me salary bhut kam hai traget pura karne k baad bhi incentive nahi aata loan dena bhi band kar diya

Skill development - Excellent

+4 more

Dislikes

Work theek salary bhut jyda kam h jesa naam hai wesi bilkul nahi hai

Salary - Bad

+1 more

Collection Officer in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 02 Dec 2021

3.0

for Salary and Benefits

Likes

Very bad work environment.Teammates are supportive but management are not support any time.company appraisal is very very bad.no good salary & no bonus..

Skill development - Excellent

+1 more

Dislikes

Career growth is very slow..actually lot of politics..no increments &no salary increase

Job security - Bad

+2 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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L&T Finance Collection Associate Salary FAQs

What is the salary of Collection Associate at L&T Finance?

Collection Associate salary at L&T Finance in India ranges between ₹1.9 Lakhs to ₹4.8 Lakhs for experience between 3 years to 11 years. According to our estimates it is 11% less than the average Collection Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance India.

How does the salary of a Collection Associate at L&T Finance India compare with the average salary range for this job?

The average salary of a Collection Associate at L&T Finance is 11% less than the average salary of a Collection Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a Collection Associate in India?

ICICI Bank Collection Associate Salary - ₹2.1 Lakhs to ₹5.4 Lakhs per year
Aditya Birla Capital Collection Associate Salary - ₹3.3 Lakhs to ₹3.8 Lakhs per year
IIFL Finance Collection Associate Salary - ₹2.5 Lakhs to ₹3.9 Lakhs per year
PNB Housing Finance Collection Associate Salary - ₹3.0 Lakhs to ₹3.4 Lakhs per year
Tata Capital Collection Associate Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Collection Associate in companies similar to L&T Finance in India?

Shriram Finance Collection Associate Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
HDB Financial Services Collection Associate Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
Kotak Mahindra Bank Collection Associate Salary - ₹2.3 Lakhs to ₹3.6 Lakhs per year
Mahindra Finance Collection Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
HDFC Bank Collection Associate Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Collection Associate at L&T Finance in India?

The estimated take-home salary of a Collection Associate at L&T Finance ranges between ₹19,590 per month to ₹21,260 per month in India. The take-home salary calculation is based on the average L&T Finance Collection Associate salary in India which ranges between ₹1.9 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Collection Associate at L&T Finance?

According to AmbitionBox, 100% of the L&T Finance Collection Associates reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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L&T Finance Collection Associate Salaries

L&T Finance Collection Associate salary in India ranges between ₹1.9 Lakh to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.